22, PROSPECT TERRACE, MICKLEFIELD, LEEDS, LS25 4DJ - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 PROSPECT TERRACE is a very small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £220,000 in August 2021, which was around 41% below the average August 2021 detached price in the Leeds local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

22 PROSPECT TERRACE Sold Prices

Land registry data shows four sales for 22 PROSPECT TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Leeds local authority area for the corresponding sale date. All of the four 22 PROSPECT TERRACE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 AUG	£220,000	£375,607	41% below HPI
2007 10 AUG	£150,000	£274,851	45% below HPI
2000 12 MAY	£66,000	£110,913	40% below HPI
1996 31 OCT	£54,500	£91,284	40% below HPI

22 PROSPECT TERRACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The four 22 PROSPECT TERRACE sales between October 1996 and August 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2021 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 22 PROSPECT TERRACE?

22 PROSPECT TERRACE is 88m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Micklefield, based on EPC data. The below chart shows the distribution of detached houses by size in Micklefield, and where 22 PROSPECT TERRACE lies on this distribution: 11% of detached houses are smaller than 22 PROSPECT TERRACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Micklefield.

22 PROSPECT TERRACE: Plot and Title Map

22 PROSPECT TERRACE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 22 PROSPECT TERRACE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 PROSPECT TERRACE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 PROSPECT TERRACE?

22 PROSPECT TERRACE is located in MICKLEFIELD, in the LS25 postcode district. The below map shows the position of No. 22 on PROSPECT TERRACE.